Identifying the core personal finance information all U.S. consumers should know and learning how education, social and behavioral factors affect financial well-being were among the 10 financial education research priorities released this week by the U.S. departments of Treasury and Agriculture.
Topic: Financial Inclusion
Three UNC experts presented findings at a national policy conference Nov. 5-6 on Center for Community Capital research examining a range of policies that affect the ability of low- and moderate-income people in the United States to build and sustain wealth.
Researchers from the UNC Center for Community Capital and School of Social Work presented findings on an innovative program that helps low-income working families build savings at tax time during a national forum held Dec. 7 in Washington, D.C.
Center researchers find that adverse life events, such as unemployment, unexpected expenses and medical bills, are the primary reasons that lower-income households decide to file for bankruptcy. UNC Center for Community Capital researchers examine whether adverse life events influence the … Continued
Abstract There is a general consensus among researchers and policymakers that matched savings programs can significantly increase the propensity to save among low-income households. This study offers a unique contribution to the field by testing whether principals and theories from … Continued
Systemic risk can be considered the fifth horseman of the financial industry Apocalypse. At the extreme, it is the threat posed by the potential failure of one or more institutions to the entire U.S. economy.
Anti-predatory lending laws enacted by some states in the past decade to protect consumers from abusive and unfair mortgage practices saved many people from losing their homes during the foreclosure crisis, according to new research findings from the UNC Center for Community Capital.
Saving is a critical first step on the path to financial security. But many low-income families find it challenging to choose saving for the future over meeting pressing spending needs today. Results from a study by the University of North Carolina at Chapel Hill of one asset-building program offer insights on how to encourage low-income taxpayers to start saving and keep it up.
The UNC Center for Community Capital is conducting a three-year study of the impact of a path-breaking initiative to help underserved Latino consumers build savings and creditworthiness. Effective Money Management/Manejo de Efectivo is a partnership project of the National Council … Continued
Experts at the UNC Center for Community Capital are conducting research to determine whether “impulse savings” – transferring money from a transaction account to a savings account via text message – is an effective way for underbanked people to build … Continued